Arab Finance: The Central Bank of Egypt (CBE) has granted approval for Misr Digital Innovation (MDI) to transition into onebank, the country’s first fully digital native bank, as per a press release.

Arab Finance: Egypt achieved its highest-ever primary surplus of EGP 629 billion, equal to 3.6% of GDP, in the fiscal year (FY) 2024/2025, marking an ...

Arab Finance: El Ezz Porcelain (Gemma) turned to consolidated net losses after tax amounting to EGP 59.996 million in the first half (H1) of 2025, versus net profits worth EGP 100.291 million in H1 ...

Arab Finance: The Egyptian Exchange (EGX) closed Sunday’s trading session in the green zone after the EGX30 index increased b ...

Arab Finance: Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat met with Xiao Ling Chen, CEO of Chinese Jiangsu Ankura Intelligent Power Co., to discuss cooperation in localizing the ...

Arab Finance: The gold prices in Egypt collectively rose on Sunday after the 24-karat gold increased to EGP 5,165.75 per gram for buying and EGP 5,18 ...

Arab Finance: Orascom Financial Holding shifted to standalone net losses of EGP 16.906 million in the first half (H1) of 2025, against net pro ...

Arab Finance: The General Authority for the Suez Canal Economic Zone (SCZone) has signed a contract with the Chinese company Jiangsu Zhengyong to establish a PVC flooring and wall panels factory in ...

Arab Finance: Egypt has signed a contract with China’s Sailun Group to establish a tire manufacturing plant in the Suez Canal Economic Zone (SCZone), with total investments of about $1 billion over ...

Arab Finance:  The Egyptian pound (EGP) witnessed the strongest rise against the dollar in a year, with the USD hitting EGP 48.28 for buying and ...

Arab Finance: The Dubai Financial Market Index (DFMI) fell by 0.565%, or 34.79 points, to close Tuesday’s trading session at 6,118.5 points. Meanwhile, the FTSE ADX General Index (FADGI) of the Abu ...

Arab Finance: The Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Waleid Gamal El-Dien met with the Hungarian Ambassador to Cairo Rita Herencsár and the Economic and ...